Technavio tips US$63.5bn in growth by 2028

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Wednesday, 26 June 2024

The air cargo market is poised for continued growth - US$63.5 billion between now and 2028 - though rising fuel costs and potential capacity constraints mean it's likely to be a rough ride for some, according to Technavio. 

Part of the gains will come from e-commerce and express deliveries as more consumers shop on line, and companies including FedEx, Amazon and UPS offer faster shipping solutions.

Some verticals including pharma and time-sensitive also are growing.